Shelly Palmer Radio Report – March 10, 2011

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Microsoft announced that its Xbox 360 accessory, the Kinect, has sold 10 million units. The motion-sensing controller set the Guinness World Record for consumer electronics sales in a 60-day period, surpassing Apple’s products. 8 million of the 10 million Kinect’s sold were purchased during last year’s holiday season. In other news, a recent report states that the tablet PC market could be reaching a bubble risk. Manufacturers are overproducing to try and lower the products’ cost, but suffer low demand. Apple is able to dominate the market by lowering its cost through long-term mass-quantity purchases of hardware. And finally, a new website called Fandor.com just launched and hopes to be the Netflix of independent movies. For $10 a month you can view its library of nearly 2,500 films that are hand curated based on critical acclaim. If you’re film is selected, they will even share the profits.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.

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